Hub Group Inc (HUBG)
Pretax margin
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings before tax but after interest (EBT) (ttm) | US$ in thousands | 132,496 | 132,564 | 143,489 | 167,018 | 209,205 | 282,649 | 356,185 | 431,114 | 467,957 | 480,711 | 423,491 | 322,349 | 230,910 | 143,973 | 117,547 | 100,669 | 96,100 | 104,335 | 107,912 | 128,489 |
| Revenue (ttm) | US$ in thousands | 3,944,208 | 3,952,977 | 3,987,385 | 4,038,240 | 4,195,418 | 4,499,370 | 4,831,330 | 5,194,040 | 5,341,940 | 5,319,660 | 5,039,710 | 4,619,111 | 4,237,513 | 3,925,073 | 3,774,338 | 3,571,114 | 3,487,825 | 3,435,776 | 3,423,820 | 3,566,056 |
| Pretax margin | 3.36% | 3.35% | 3.60% | 4.14% | 4.99% | 6.28% | 7.37% | 8.30% | 8.76% | 9.04% | 8.40% | 6.98% | 5.45% | 3.67% | 3.11% | 2.82% | 2.76% | 3.04% | 3.15% | 3.60% |
December 31, 2024 calculation
Pretax margin = EBT (ttm) ÷ Revenue (ttm)
= $132,496K ÷ $3,944,208K
= 3.36%
The pretax margin of Hub Group Inc has shown some fluctuations over the past few years. In the first quarter of 2020, the pretax margin was at 3.60%, and it slightly decreased to 3.15% in the second quarter before further dropping to 2.76% by the end of the year. However, the trend started to reverse in the first quarter of 2021, with the pretax margin increasing to 2.82% and continuing to improve over the next quarters.
By the end of 2021, the pretax margin had significantly risen to 5.45%, indicating an improvement in profitability. This positive trend continued into 2022, with the pretax margin reaching 8.40% by the second quarter and further increasing to 9.04% by the end of the third quarter. Although there was a slight dip to 8.76% in the fourth quarter of 2022, the pretax margin remained relatively high.
However, in the following quarters of 2023 and 2024, the pretax margin started to decrease gradually, dropping to 4.99% by the end of 2023 and further declining to 3.36% by the end of 2024. This downward trend may indicate potential challenges impacting the company's profitability during this period.
Overall, the pretax margin of Hub Group Inc has shown variability over the analyzed period, with both positive and negative trends. It is important for the company to closely monitor and manage its expenses and revenue generation to ensure sustainable profitability in the future.
Peer comparison
Dec 31, 2024